The IndyCar Series press conference which is due to be streamed live on Facebook later today at the Indianapolis Motor Speedway with defending series champion Scott Dixon and 2016 Indy 500 winner Alexander Rossi along with IndyCar President Jay Frye and CEO of Hulman and Company Mark Miles could be to announce a new presenting partner for Indianapolis 500.

PennGrade Motor Oil have been the presenting partner for Indianapolis 500 since the 100th running of the event in 2016 however their contract ended following last year’s race.

There has been reports that the press conference was to announce a new primary sponsor for the series however Paddock Eye understand that an announcement on who that will be is due to come next week.

The IndyCar Series drivers have been in Indianapolis this week for their annual pre season medical and the first press and media appearances of the year.

The press conference is due to place at 1.30PM (local time) 6.30PM UK time and will be streamed live on the official IndyCar Facebook page and also via

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